You are allowed to collect Social Security and earn wages from your employer. However, if your wages exceed $15,480 in 2014, your Social Security benefits will be reduced by $1 for every $2 you earn above that level.
The âStatement of Cashflowâ in Table 1 shows that a self-storage facility with 40,000 net-leasable square feet, in a market with $9-per-square-foot annual rents, will generate $450,000 in gross annual rents at 100 percent occupancy.
How to Account for Cost of Goods Sold. The cost of goods sold (CoGS) for a period is the the value of the inventory at the beginning of a plus the inventory purchases minus the value of the inventory at the end. This calculation is typically made at the end of each month, quarter or other reporting period.his is the number from which you'll subtract the ending inventory to determine the CoGS. 1  $20,000 (Beginning inventory) + $10,000 (purchases) + $5,000 (manufacturing labor costs) = $35,000 Cost of Goods Available.